Having highlighted Africa as a primary focus, the Royal Institution of Chartered Surveyors’ (RICS) global President Elect, Louise Brooke-Smith is currently visiting South Africa (February 2014) and Ghana.
Business updates by construction firms show their order books have generally bulked up or remained stable.
Commercial property lending is critical to stimulating the development of infrastructure in South Africa, one of the key pillars in the South African National Development Plan.
The Liberty Group announced today significant plans to further entrench its Liberty Midlands Mall investment as the lifestyle centre of choice for tenants and shoppers in the Pietermaritzburg area.
Banks’ limited ability to finance long-term projects opens up opportunities for other types of funders to make returns and help SA implement its R3.4-trillion infrastructure programme.
Over R200 billion has been injected into the economy by the South African government last year, Statistics South Africa (Stats SA) said on Wednesday
The City of Johannesburg is to spend about R30 billion on infrastructure developments and service delivery in the next three years, says Johannesburg Mayor Parks Tau.
Johannesburg is to increase its spending on the provision of new infrastructure over the next 10 years. It has increased it’s current budget of R4,6 billion to R7,3 bn for 2013/14.
Financing of R827 billion on infrastructure projects over the next three years, to be drawn from the fiscus and state-owned enterprises, is in place
President Jacob Zuma has in his State of the Nation Address on Thursday highlighted various infrastructure projects that have already kicked off and also announced several new measures to speed up land reform.

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